Graphite Capital, a UK mid-market private equity specialist, has sold Random42, an independent producer of scientific animation and digital media services, to The Lockwood Group (Lockwood).
Based in Connecticut, USA, Lockwood is an industry leader in scientific-based medical communications for the pharmaceutical, biotech and medical device industries.
Graphite led the buy-out of Random42 in 2017 and helped the company to expand the sales and marketing functions, broaden its client base and deepen client relationships. Graphite also invested in and helped optimise key operational functions within the business to provide greater scalability and worked with the company to increase its scientific capability. This culminated in the launch of its digital asset library, featuring 25,000 unique 3D files, in 2021.
